Climate plan risks high future costs
29 Aug 2024
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| Pine forestry in Queenstown. PHOTO: Michael Heng via Unsplash |
The government’s ‘least cost approach’ to emissions reductions risks passing on significant costs to future generations, according to the Parliamentary Commissioner for the Environment.
And the current design of the Emissions Trading Scheme could lead to "boom and bust cycles" for the carbon market in the 2030s.
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Story copyright © Carbon News 2024
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